Chainlink (LINK) has reached a two-year high of $20 as whales continue to accumulate the asset, making it one of the best-performing crypto assets at the moment.
The ongoing legal battle between the Cryptocurrency Open Patent Alliance and Craig Wright in London, regarding his claim to be the creator of Bitcoin, has left observers astounded and uncertain about the truth, with the trial featuring intense technical evidence, dramatic moments, and revelations of forged documents.
Bitcoin has surged over 13% in its best performance since October, with the AI-led rally in the S&P 500 supporting the bullish momentum in the crypto market.
Daring investors should consider positioning themselves to take advantage of the next wave of growth in the crypto markets by investing in promising altcoins with potential for significant gains such as Crypto Asset Governance Alliance (CAGA-USD), Numerai (NMR-USD), and Meter Governance (MTRG-USD).
Former National Security Agency contractor Edward Snowden posted a tweet during Super Bowl LVIII, stating that while everyone was watching the game, he was focused on watching the bitcoin chart, highlighting the lack of crypto advertisements during the event this year.
South Korean crypto traders accused of exploiting the price discrepancy between local and overseas exchanges have been acquitted due to insufficient evidence, revealing challenges in enforcing registration requirements for trading activities; the traders took advantage of the price gap known as the Kimchi premium, which has led to South Korea's crypto revenue reaching $4.2 billion in 2021.
Bitcoin's price is expected to surge to $48,000 and potentially reach $53,000-$57,000, fueled by buying activity from institutions and Bitcoin whales, according to cryptocurrency analysts.
Bitcoin is on a winning streak, fueled by the successful launch of US exchange-traded funds for the cryptocurrency.
Crypto strategist Bluntz suggests that Solana (SOL) is likely to experience a significant upward movement, potentially reaching $150, while also recognizing the potential for competitor SEI to hit a new all-time high above $1.
Bitcoin ordinals, which allow users to inscribe digital data to a single satoshi, could revolutionize the Bitcoin ecosystem by attracting new developers and bringing innovation to the network, according to a report from Binance Research.
Bitcoin whales have been accumulating a significant amount of BTC, injecting billions into the cryptocurrency, signaling potential positive price movements in the future, although some analysts remain skeptical and foresee a possible price correction before the next Bitcoin halving.
Most major cryptocurrency firms will not be running ads during Super Bowl LVIII due to financial constraints and a shift towards educational marketing rather than hype and FOMO (Fear of Missing Out). Both crypto exchanges and issuers of Bitcoin exchange-traded funds will be absent from the ad lineup, with companies like Kraken and Coinbase directing their funds towards lobbying and legal battles instead.
A Malaysian man is forced into crypto scams by a human trafficking syndicate after responding to a Facebook job ad for a customer service position with a Cambodian casino.
The CEO and chief product officer of cryptocurrency custody firm Metaco, which was acquired by Ripple in 2023, have departed from the company.
The recent transfer of a significant amount of Ethereum by co-founder Jeffrey Wilcke has raised speculation about a potential price correction, but experts argue that Ethereum's bullish pattern remains intact and that market dynamics will play a crucial role in determining its trajectory.
Investors should avoid investing in Blur (BLUR-USD), ApeCoin (APE-USD), and Dogecoin (DOGE-USD), as these cryptocurrencies are considered to be doomed and have shown weakness in their performance.
BlackRock's chief investment officer (CIO), Rick Rieder, has stated that the firm may increase its Bitcoin holdings, as its exposure to BTC could align with changing attitudes towards the cryptocurrency. The asset management giant recently launched its Bitcoin exchange-traded fund (ETF) and believes in the upside potential of Bitcoin as an asset class.
Chainlink (LINK) has emerged as the top-performing cryptocurrency of the year, up 21%, and is positioned to benefit from the growing trend of real-world asset tokenization, although its volatility and riskiness make it unsuitable as a first crypto investment choice.
Ethereum co-founder Vitalik Buterin emphasizes the increasing importance of Web3 security due to the rise of deepfakes, stating that traditional methods of authentication such as audio or video streams are no longer secure and suggesting personalized security questions as a more effective approach.
Global energy consumption from Bitcoin mining doubled in 2023, reaching the annual energy use of countries like Australia and more than Egypt's population, highlighting the need for strict measures to address its environmental impact.
Bitcoin's current rally may be unsustainable as Google searches for the term "Bitcoin" have been declining, indicating a waning interest in the cryptocurrency, according to crypto analyst Jason Pizzino.
This week in the cryptocurrency market, legislators are close to finalizing a bill to regulate stablecoins, Dogecoin outperforms other memecoins, GameStop Coin experiences a 100% rise, there are predictions of a Shiba Inu rally, and Bitcoin, Ethereum, and Dogecoin see a major surge in value.
Bitcoin's price has experienced a significant rally over the past year, and despite being below its all-time high, there are several catalysts that could drive its price higher in the next few years, including the upcoming halving and increased adoption as a mainstream payment method. However, analysts' price targets vary widely, and investors should approach these bullish forecasts with skepticism.
The cryptocurrency meme coin BONK has experienced a significant price increase, leading to speculation about whether other popular meme coins like DOGE, SHIB, and PEPE will follow suit.
The bitcoin price may reach $1 million if the U.S. government is forced into another bailout, according to crypto trader Arthur Hayes, causing bitcoin's market capitalization to reach $20 trillion.
Coinbase, a leading cryptocurrency exchange, has evolved its business model, diversifying its revenue sources and expanding globally, which positions it for success in the growing crypto industry and makes it an attractive investment opportunity.
Coinbase, the cryptocurrency exchange, is a worthy investment due to its strong business model and global expansion strategy, positioning it for long-term growth and potential profitability.
Farcaster, a decentralized social media protocol, gained popularity among Crypto Twitter users with its new feature called Frames, which allows users to play games, mint NFTs, and make purchases while staying within the social media feed, leading some to believe it may become the new Web3 social networking standard. Additionally, users discussed technological innovations such as Apple's Vision Pro augmented reality headset and Ethereum's upcoming Dencun upgrade, which will introduce proto-danksharding and improve efficiency on layer-2 networks.
AlgosOne has introduced a tiered system for crypto trading that caters to the needs of traders at different levels of experience, offering benefits such as larger trade sizes, reduced commissions, and more auto-approved trades.
Bitcoin's ETF investment thesis and the upcoming halving event could potentially propel Bitcoin's price to new heights, with a $2.3 million price target according to Ark Invest and the potential for a rally after the halving, but the increasing mainstream adoption and potential reduction in volatility may temper price movements.
COTI, a decentralized payments platform, has upgraded to a privacy-focused Ethereum layer-2 blockchain, resulting in a 40% surge in its price.
Bitcoin and other major cryptocurrencies have experienced gains over the past week, with Bitcoin surpassing $47,000 per coin due to increased interest from big investors and tech-focused investors, while Ethereum rose by nearly 9% following the announcement of an upcoming network upgrade. However, Solana faced a network outage and Monero suffered a significant decrease after being delisted by Binance.
Approximately 78% of institutional traders do not plan to invest in cryptocurrencies in the next five years, despite the positive sentiment surrounding the industry.
Ethereum and Bitcoin experienced significant outflows from centralized exchanges this week, indicating reduced selling pressure and potential price stability in the market.
Polygon has unveiled a new technological advancement called the Type 1 prover, which enhances the scalability and interoperability of Ethereum-compatible networks through zero-knowledge proofs, garnering attention from figures like Vitalik Buterin; analysts are also turning bullish on the price potential of Polygon's token, MATIC.
Ethereum's upcoming Dencun upgrade is set to revolutionize the blockchain industry by implementing improvements that enhance efficiency and scalability, drastically reducing transaction fees and potentially propelling its price towards $14,000.
Polkadot (DOT) could potentially increase in value by over 135% if it surpasses its resistance level at $9.40, according to crypto strategist Michaël van de Poppe.
The S&P 500 hits new highs fueled by AI optimism, while tech giants reach a combined market value of $13 trillion, and Treasury Secretary Janet Yellen expresses concerns about commercial real estate and digital assets.
The use of stablecoins, such as USD Coin, is increasing in the financial industry, but concerns are rising over their potential impact on traditional markets and the risks they pose to the financial system. Stablecoins' growing interconnectedness with the financial system is worrisome, as they could create financial instability if they continue to grow in size and importance. Additionally, stablecoins could potentially erode consumer protections, cannibalize bank deposits, and change the structure of the financial system. The regulation of stablecoins remains a hotly debated topic, and enforcement actions against stablecoin providers have increased due to regulatory uncertainty.
The bitcoin price is surging towards $50,000 as Wall Street giants BlackRock and Fidelity accumulate large amounts of bitcoin ahead of the upcoming halving event, signaling confidence in digital assets.
The burn rate of Shiba Inu (SHIB) tokens increased by 191.69% in 24 hours, removing 7.65 billion SHIB from circulation, while the price of the token rose by 3.3% and new sign-ups to the SHIB Web3 blockchain ecosystem, Shibarium, also increased.
The native token of modular blockchain Dymension (DYM) is expected to have significant upside potential, according to an analyst, while caution is advised for Bitcoin due to a resistance zone.
Best-selling finance author Robert Kiyosaki warns of an economic crash and advises investing in gold, silver, and Bitcoin as a store of value during the financial crisis.
Crypto and NFT gaming news: The launch of PIXEL token, Shrapnel's play event, Bits gaming ecosystem, MAVIA token drop, NFT mint mishap, Mystery Society beta test, Worldcoin's World ID integration, Mastercard's UEFA Champions League trivia game, Shardbound playtest, Pudgy Penguins partnership with Magic Eden.
Crypto gaming ecosystem Treasure has decided to stick with Arbitrum, announcing plans to launch a Treasure Chain built on Arbitrum and using its existing MAGIC token to pay for gas, with a web of "Infinity Chains" that can power the various games being built around Treasure.
The native token of the Heroes of Mavia web3 game, MAVIA, has seen a significant increase in value after launching an airdrop campaign and being listed on several major crypto exchanges.
Bitcoin's recent push to $46,500 has surprised crypto analyst Michaël van de Poppe, who believes BTC could reach $55,000 before the halving and eventually surpass $250,000 due to inflows from ETFs, with altcoins following suit and potentially reaching a market cap of $10-15 trillion.
New York Attorney General Letitia James is expanding her lawsuit against cryptocurrency firms Gemini, Genesis Global Capital, and Digital Currency Group (DCG), accusing them of defrauding investors to the tune of $3 billion. The lawsuit alleges that Gemini and Genesis misled investors about the safety of their investments and failed to disclose risky loans with FTX founder Sam Bankman-Fried's crypto hedge fund. James emphasizes the need for stronger cryptocurrency regulations to protect investors.
Hundreds of millions of dollars' worth of locked crypto tokens will be released onto the market this month, potentially increasing token supplies and creating sell pressure.
New York Attorney General Letitia James has expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants, alleging a fraud scheme of more than $3 billion and seeking restitution for over 230,000 investors.